Identity Theft at the Dealership

Canada Motor Car, Used Car Dealership, Ontario

Identity Theft at the Dealership, Tips and Advice

Did you know that identity theft criminals accumulate up to $53 billion a year in profits from identity theft? What many consumers don't realize is that in the end, it is the consumer who ends up paying for the stolen goods because the retailer raises their prices to make up for the money lost in stolen goods. Source: Newsweek July 4, 2005 Issue

How To You Protect Your Identity

Canada Motor Car’s loan processing network is made up of a group of honest, reputable automotive specialists who have a reputation in their respective communities for their outstanding customer service and unbeatable value. Before going into any dealership to fill out a credit application, be sure to do some research prior to arrival. How? The best way is to type the dealership's name directly into a search engine. There have been many cases of dealers offending sophisticated bloggers who know how to rank a webpage, and oftentimes a blog post will show up on the first or second page of the search results for the dealerships name. Look for these.

Do some background research on the dealership and find out whether or not the dealership has had any complaints filed against them. If they have, find another dealership.

The following are some tips you may want to consider the next time you are shopping for a car loan. Look for websites such as where they are reputable and have integrity. Keep your financial documents and cards safe. Pick up your statements from the bank instead of having them sent to your home. Shred all your bank statements, credit card statements and mortgage statements. Go the extra mile and cut out your credit card number from all your statements. Consider going to the bank physically instead of doing internet banking. No matter how good your spy-ware and anti-virus software are, computer hackers that can record your keystrokes and figure out what you inputted for your account number and password. It is so easy for them to wait for you to log off and type in your account number and password and withdraw your entire bank account.

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